2024 SHP to AOA Historical Review

YEARLY HIGH

1265.9403 AOA

YEARLY LOW

1031.1359 AOA

YEARLY AVERAGE

1114.4528 AOA

2024 SHP to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SHP to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 1265.9403. Conversely, the yearly low was recorded on April 22, dropping to 1031.1359.

This high-to-low spread represents a total annual volatility of 234.8044 AOA. From a start-to-finish perspective, comparing the January average rate of 1055.3575 to the December average rate of 1153.9164, the exchange rate registered a net change of 9.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1265.9403 was up 16.70% compared to the 2023 peak of 1084.8013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SHP based on timing:

Yearly Peak High 6,329,702 AOA

2023 Average 4,280,036 AOA

Yearly Trough Low 5,155,679 AOA

Transaction Impact: A difference of 1,174,022.05 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1245.0022

1027.1645

JanuMarcMayJulySeptNove

SHP to AOA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1060.3228, compared to 1168.5828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 108.2600 points.

H1 Avg (Jan–Jun) 1060.3228

H2 Avg (Jul–Dec) 1168.5828

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 89.6837 AOA (High: 1265.9403 / Low: 1176.2566). On the other end, January was the most stable month, with a tight range of 10.2672 AOA (High: 1059.0519 / Low: 1048.7847).

October Spread (Volatile) ±89.6837

January Spread (Stable) ±10.2672

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 32.6665 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -32.6665

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1194.1825) against the same month in 2023 (average: 1007.4697), the exchange rate shifted by +186.7128 (+18.53%).

2024 Avg (October) 1194.1825

2023 Avg (October) 1007.4697

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1059.0519	1048.7847	1055.3575
February	1060.4900	1041.8830	1049.6728
March	1074.2858	1051.2891	1060.3373
April	1060.6991	1031.1359	1045.3176
May	1090.9244	1044.4223	1065.3008
June	1095.8915	1079.0671	1085.9508
July	1138.5623	1087.8958	1121.9975
August	1201.6046	1113.5981	1151.7915
September	1261.1400	1198.9240	1226.8490
October	1265.9403	1176.2566	1194.1825
November	1188.6599	1143.9884	1162.7600
December	1166.3704	1141.4496	1153.9164